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authentication, substantially in the form hereinafter set forth, duly executed by the Bond <br /> Registrar as authenticating agent of the City and showing the date of authentication. No Bond <br /> shall be valid or obligatory for any purpose or be entitled to any security or benefit under this <br /> Ordinance unless and until such certificate of authentication shall have been duly executed by the <br /> Bond Registrar by manual signature, and such certificate of authentication upon any such Bond <br /> shall be conclusive evidence that such Bond has been authenticated and delivered under this <br /> Ordinance. The certificate of authentication on any Bond shall be deemed to have been executed <br /> by it if signed by an authorized officer of the Bond Registrar, but it shall not be necessary that the <br /> same officer sign the certificate of authentication on all of the Bonds issued hereunder. <br /> Section 7. Term Bonds, Mandatory Redemption and Covenants. The Bonds may be <br /> subject to mandatory redemption (as Term Bonds) as provided in the Bond Notification; <br /> provided, however, that in such event the amounts due as provided for under such mandatory <br /> redemption shall be the amount set forth in Section(4) of this Ordinance for the maximum <br /> amount of principal due on the Bonds in any given period. Bonds designated as Term Bonds <br /> shall be made subject to mandatory redemption by operation of the Bond Fund at a price of not to <br /> exceed par and accrued interest, without premium, on a given date of the years and in the <br /> amounts as shall be determined in the Bond Notification. <br /> The City covenants that it will redeem Term Bonds pursuant to the mandatory redemption <br /> requirement for such Term Bonds. Proper provision for mandatory redemption having been <br /> made, the City covenants that the Term Bonds so selected for redemption shall be payable as at <br /> maturity, and taxes shall be levied and collected as provided herein accordingly. <br /> Section 8. Optional Redemption. The Bonds may also be subject to redemption prior <br /> to maturity at the option of the City, from any available funds, in whole or in part on any date, <br /> not later than March 1, 2023 (as provided in the Bond Notification) and if in part, in such order <br /> -11- <br /> 26 <br />